Mr. Farshad Shirvani reports

DOUBLEVIEW REPORTS STRONG MINERALIZATION EXTENDS BUCK ZONE OF THE LISLE DEPOSIT ANOTHER 250M SOUTH-SOUTHWEST

Doubleview Gold Corp. has released further assay results from drill holes H054, H055 and H056 at the Hat deposit located in northwest British Columbia. Drill hole H054 contains assays with a higher gold content of 0.43 gram per tonne, when generally balanced in comparison with copper 0.32 per cent, scandium 27.3 grams per tonne and cobalt 136.9 g/t, with a 1.29 per cent copper equivalent intercept over 143 metres. Drill hole H054 has extended the Buck zone within the Lisle deposit for another 250 m south-southwest. The Hat polymetallic porphyry project in British Columbia's Golden Triangle, has demonstrated that it contains several of the metals deem as "critical metals" by the Canadian and American federal governments.

• The assay results summarized in the first attached table are open to the south and southwest of the Hat mineralization complex.
• The mineralization starts from near the surface and strengthens in mineral content at depth.
• Gold and cobalt mineralization are of higher grades in comparison with copper toward the south and southwest of the Lisle deposit.
• Strength of all metals with increased depth is notable in all drill holes to date in the Buck zone.
• The Buck zone within the Lisle deposit currently covers an area more than 400 m by 450 m and is open to the north-northeast, south, southwest and to depth.
• The Buck zone connects the West Lisle, Main Lisle and Southern Lisle zones with strong mineralization.

The gradual approach to increasing the Buck zone's dimensions is anticipated to add more value to the upcoming Q1 2024 resource estimate. All drill holes in this news release (H054 -- H056) have expanded the mineralized envelope of the Lisle deposit. The second attached table depicts the location of drill holes H054, H055 and H056.

Farshad Shirvani, Doubleview's president and chief executive officer, commented: "The ongoing drilling campaign continues to exceed all expectations and the company will continue working as long as weather permits. The 2023 program is designed to increase the dimensions of the Hat deposit with the intention, upon completion of the NI 43-101 resource estimate, of having the project recognized as containing an outstanding resource, with exceptional metals extraction and recoveries. All holes drilled in 2023 are expected to be included in the forthcoming resource evaluation."

Mr. Shirvani continued, "The 2023 drilling campaign continues to advance the Hat polymetallic deposit, and the total metres drilled this season now exceeds 8,700 metres."

Quality assurance and quality control

Core samples were prepared at the North Vancouver facility of ALS Canada Ltd. using its PREP-31, PGM-ICP24, ME-MS61 and ME-ICP06 packages. Each core sample is dried, then crushed to 70 per cent passing a two-millimetre (mm) screen. All material is processed in an automatic riffle splitter to yield a 250-gram homogenized, representative sample. This subsample is then pulverized to 85 per cent passing a 75-micron screen. All samples are analyzed for gold, platinum and palladium by 50 g fire assay fusion/ICP-ES (inductively coupled plasma emission spectroscopy) finish, using PGM-ICP24 package. A separate 0.25 g pulp split is analyzed by four-acid digestion/ICP-MS (inductively coupled plasma mass spectrometry) finish, reporting 48 elements. Overlimit elements are analyzed by ore-grade four-acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview's core samples are analyzed or assayed at independent ISO 17025- and ISO 9001-certified laboratories.

Qualified person

Erik Ostensoe, PGeo, a consulting geologist, and Doubleview's qualified person with respect to the Hat project, as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat property and there is no assurance that further work will result in the Lisle zone, or other zones, if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada, and is publicly traded on the TSX Venture Exchange. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The company's portfolio of strategic properties provides diversification and mitigates investment risks.

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